RMC No. 52-2021: Suspends the running of the Statute of Limitations on assessment and collection of taxes pursuant to Section 223 of the NIRC of 1997, as amended, due to the declaration of ECQ in NCR Plus, and other applicable jurisdictions

Summary

RMC No. 52-2021 suspends the running of the Statute of Limitations on assessment and collection of taxes under Section 223 of the NIRC of 1997, as amended, because of the Enhanced Community Quarantine (ECQ) in NCR Plus and other applicable jurisdictions.

Key points

1. Period of suspension. The Statute of Limitations for assessment and collection of deficiency taxes is suspended in the affected jurisdictions while the ECQ is in effect, including any extensions, and for sixty (60) days after.
2. What the suspension covers. It applies to the issuance and service of assessment notices and warrants, and to enforcement and/or collection of deficiency taxes.

Who is affected

• Taxpayers in Metro Manila, Bulacan, Cavite, Laguna and Rizal (NCR Plus) and other applicable jurisdictions under ECQ

Deadlines and effectivity

• During the ECQ and any extensions, plus sixty (60) days thereafter

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.